Buck Senior Actuarial Analyst in Ipswich, Suffolk, United Kingdom
Senior Actuarial Analyst - Retirement Consulting – Ipswich
At Buck, we’re focused on helping our clients create a culture of wellbeing, centered around the evolution of each person’s health, wealth, and career.
Leveraging strong client relationships with key decision makers, our teams deliver exceptional results that confidently push the envelope with unexpected solutions to help our clients accomplish their objectives faster and keep them ahead of the curve.
Not surprisingly, we embrace inventive thinkers, who make original contributions to the team. We put people first — our people and our clients’ people, and our inclusive and welcoming culture celebrates diversity and individuality.
Explore your next career move with Buck today!
Senior Actuarial Analyst
Buck offers a range of retirement services to help plan sponsors manage their programs, including actuarial consulting, defined benefit and defined contribution plan design & administration, and compliance consulting. Our service offering also includes data remediation, de-risking, and developing end game strategies for frozen pension plans.
We are recruiting for a talented and ambitious pensions Senior Actuarial Analyst who is keen to develop their career with a client consulting focus.
This is your chance to join a great multi-disciplined team providing clients with leading edge advice across valuations, funding, investment, risk transfer and covenant.
You will work on a wide range of clients, working directly with Scheme Actuaries, or part of larger teams on complex client accounts; we tailor the client mix to support and develop an individual’s skills now and into the future.
This role would be suitable for someone who already has experience working with trustees and corporates' on DB pensions within an actuarial consultancy role and making good progress through the actuarial exams; all the way up to those nearly qualified.
Some key responsibilities:
Provide technical actuarial and consulting assistant for a portfolio of clients;
Handling the preparation of valuations and cost estimates;
Assisting Senior Consultants / Scheme Actuaries on the preparation and delivery of both day to day, and strategic advice;
Undertaking and supervising accounting disclosures (FRS17, IAS19 and USGAAP);
Coordinating data collection including editing and testing data received from clients;
Participating in Buck internal projects, handling special projects or assignments as needed;
Assisting scheme consultants with the consultancy aspects of pension schemes;
Carrying out non-standard scheme benefit calculations and involvement in wider actuarial work (i.e. assumptions advice, funding advice, actuarial factor reviews, funding updates, accounting);
Building up consulting knowledge on actuarial and non-actuarial aspects of pension plans;
Supporting senior colleagues in research, analysis and general preparation of materials for new business opportunities.
What we look for (skills & experience):
Ideally 3 plus years in pension Actuarial / Retirement Consulting, with strong technical skills;
Proven knowledge of UK occupational pensions schemes (DB, DC or Hybrid), ideally within in a Consulting environment;
Good progress through the actuarial exams;
Strong analytical, numerical and critical thinking skills, including a good understanding of actuarial approaches for pensions;
Ability to build relationships with colleagues and clients;
Strong all-round communication skills;
Prove ability to prioritise, organise and carry out tasks within deadlines
Why join Buck:
Excellent client exposure from day one – we are looking for an experienced individual who is comfortable owning and leading client relationship.
Unrivalled Leadership team – Our Retirement practice is led by a qualified and experienced ‘’functional experts’ who are all qualified member of the Institute & Faculty of Actuaries Institute.
Our Pedigree - we are an industry leading mid-tier Consultancy with a history dating back over 104 years.
Diversity of Clients – we work with leading UK and International corporations, across a variety of sectors and industries, where no two are the same!
We are Client focused – unlike some of our competitors, we offer bespoke and tailored solutions to our clients, not a one size fits all solution.
Your Career is our motivation – working as part of a small but highly collaborative team, you get the level of responsibility and client exposure rarely experienced working for some of our larger competitors. At Buck, we pride ourselves on providing excellent support at all level to drive your ambitions and career development goals.
Our commitment to you as a Buck employee – we offer a competitive base salary & comprehensive benefits package; are committed to providing a highly collaborative, stimulating, sociable working environment and are committed to flexible working and diversity & inclusion.
What we offer:
As an established company with a start-up mentality we know that our employees are key to our success. We offer a comprehensive remuneration package while taking into consideration aspects such a flexible working and factors key to a good work life balance.
Highly competitive salary;
Minimum 25 days Annual leave (excluding Bank holidays) plus Holiday trading - (10 days – buy option) or (5 days – sell option);
Private Medical cover including partner / spouse and children;
Health-checks / Screening
Excellent Defined Contribution pension provisions;
Comprehensive Life Assurance coverage;
Company bonus scheme:
Interest free season ticket loan;
Additional flexible benefits Scheme to support you and your family in and out of work encompassing; Health & Wellbeing, Protection and Lifestyle covering; additional Life assurance, Travel insurance, Dental insurance, Medical Cash plan, Critical Illness cover plus many more.
At Buck, we pride ourselves in our Diversity and Inclusion and are an Equal Opportunity Employer.
All qualified applicants will receive consideration for employment without regard to race, color, religion, sexual orientation, gender identity, national origin, age, disability or any other legally protected basis, in accordance with applicable UK law.
We are exclusively focused on helping our clients and their people succeed together. By this, we mean we’re partnering with some of the world's most forward-thinking companies to re-envision and re-design the way that employees work and live. And we’re doing this by finding the right combination of consulting, outsourcing, and technology solutions to help our clients realise the best organisational performance for their businesses while driving positive health, wealth, and career outcomes for their people.
Defined Benefits schemes